These companies are in the race for IPL 2020 title sponsorship

IPL 2020 title sponsorship

The Board of Control for Cricket in India (BCCI) has suspended VIVO as the main sponsor for the 2020 season of the Indian Premier League. However, in the 2021 season, Chinese mobile company Vivo may return as an IPL title sponsor. Meanwhile, BCCI is looking for a new IPL sponsor, for which market experts believe that e-learning and e-commerce companies will come forward for this, but a telecom company may also come out as a hideout.

Talking to IANS, a market analyst said that a brand like Amazon may need a Diwali weekend as the company has to sell more. Apart from this, any company can get this deal cheaply, because Vivo had to pay Rs 440 crore for a season. In fact it is a win-win situation in which anyone will jump. Market experts believe that at the moment, similar companies would like to get this deal, which has to strengthen its hold in the online sector.

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The market analyst said, "Look, the two biggest players in whatever has happened currently with lockdown and economic impact will be from the e-learning and e-commerce sectors. You would be like some start-up from a new player. Don't expect to walk, but maybe someone like Baiju, who is already a part of the BCCI family, can step up and be a part of the big event. The academy should not forget that cricket itself Wants to associate with the community. "

He adds, "When you get into the e-commerce side of things, while it's Diwali four days after the finals, you don't shop two days before that. You really consider it the top of the festivals. Amazon Or is it better for Flipkart to use that space and get the ultimate profit? Also, you have to realize that no one will pay 440 crores. So you will get a sponsor at half or one-third of the price. "

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Another market expert said that if Jio comes in then it will be very surprising. Experts have said, "Look, Jio is already a brand that is personally associated with eight teams. Why would it want to come to the title sponsorship game next? If they do, they are shared with BCCI It will have more to do with the relationship. Also, Jio is one of the most prominent brands in IPL. If the GO company does this, I would call it Dark Horse. " Apart from this, it is also coming out that if Biju approaches BCCI, then the board can deal with because the Indian team did not match and Baiju gives 40 crores to BCCI for a year.

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